94A Otway StreetLorne VIC 3232
Property Details for 94a Otway St, Lorne
94a Otway St, Lorne is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 378m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
Last Listing description (December 2017)
The floor plan includes four spacious bedrooms, two bathrooms over two levels and a large open plan kitchen area up top.
There is also an area that would be easy to convert to an extra living zone if required (STCA).
The expansive deck faces north capturing year round sun and the compact title is flat useable land boasting a pretty private bush outlook.
Other amenities include wood fire plus split systems heating/cooling, carport and easy access to the house. Surprisingly the house is situated approximately 700m to the centre of town making everything required within walking distance.
Property History for 94a Otway St, Lorne, VIC 3232
- 10 Apr 2018Sold for $730,000
- 06 Jun 2017Listed for Sale Not Disclosed
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0About Lorne 3232
The size of Lorne is approximately 104.7 square kilometres. It has 13 parks covering nearly 110.1% of total area. The population of Lorne in 2011 was 1,393 people. By 2016 the population was 1,120 showing a population decline of 19.6% in the area during that time. The predominant age group in Lorne is 60-69 years. Households in Lorne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lorne work in a managers occupation. In 2011, 69.4% of the homes in Lorne were owner-occupied compared with 65% in 2016.
Lorne has 2,660 properties. Over the last 5 years, Houses in Lorne have seen a 81.55% increase in median value, while Units have seen a 23.08% increase. As at 31 October 2024:
- The median value for Houses in Lorne is $1,962,636 while the median value for Units is $947,506.
- Houses have a median rent of $725 while Units have a median rent of $1,029.
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